"This book truly
is a must read."
-- Congressman Ron Paul
RON PAUL PATIENTLY EXPLAINS IT ALL - AND THE MEDIA PEOPLE STILL DON'T GET IT!
THERE IS NO SANTA CLAUS AND BEN BERNANCKE IS NOT THE TOOTH FAIRY. BUT, LIKE LITTLE CHILDREN, THE MEDIA TYPES WANT SOME MAGIC OR SLEIGHT OF HAND.
IF ONLY THE GREAT A POWERFUL OZ WOULD COME TO OUR RESCUE!
1. The bad debt needs to be liquidated. Sticking our head in the sand and pretending that a bubble didn't burst only prolongs our misery;
2. Interest rates need to be set by the market - by supply and demand - not by the Fed. A credit crisis needs to be answered by the formation of capital, and interest rates contrived by the Fed frustrate that remedy;
3. Money needs to be seperated from the manipulation of the political classes.